Tenant Guide

Tenant Guide

Who do I speak to if I have problems with my tenancy?

All of our lettings agents are fully trained to deal with the majority of enquiries from tenants and are happy to help. If the property you are renting is managed by Truepenny's and you need advice or assistance regarding your tenancy you can contact us at one of the following offices:

Dulwich

16 Lordship Lane
East Dulwich
London, SE22 8HN

Dulwich: +44 (0)20 8693 2277
Email: info@truepennys.com

Greenwich

38 King William Walk
Greenwich
London, SE10 9HU

Greenwich: +44 (0)20 8858 9595
Email: greenwich@truepennys.com

Charlton

1a The Village
Charlton
London, SE7 8UG

Charlton: +44 (0)20 7639 1000
Email: charlton@truepennys.com

What references do I need to get?

For a long let you will be asked for a previous landlord, bank, employee and/or character references.

For a short let you will be required to produce proof of address and either your passport, national ID card or driving licence.

For a short let tenancy where a company is the tenant you will be required to produce proof of ID for those staying at the property and a letter from the company.

Who is responsible for contacting the utility companies after I move in?

You as the tenant are responsible for setting up accounts with the utility companies directly when you move into your property and also when you leave, taking care to provide meter readings at the beginning and end of the tenancy.

How do I serve notice to vacate my property?

Notice would need to be served in accordance with your particular lease agreement by recorded delivery to Truepenny's Property Consultants, 16 Lordship Lane, East Dulwich, SE22 8HN.

What penalties will I incur should I break my lease agreement early?

The primary liability is for rent until the end of the contract or its break clause point.

If the landlord agrees to re-market the property and once a new tenant is found, then your liability will be reduced to covering the landlord's commission and any other expenses from when the property is re-let. Payments would be calculated on a pro-rata basis for the unexpired term of the contract.

What should I do with the keys at the end of the tenancy?

Unless specific instructions are given by your landlord keys should be taken to your local Truepenny's office. Please ensure all sets are returned, a receipt is obtained and that this happens on or before the last day of your tenancy.

Please note that you will be liable for rent on a daily basis until the keys are returned.

What is the Tenant Deposit Protection Service?

Your deposit will be protected by the Deposit Protection Service.

In line with legislation introduced in April 2007 all deposits being paid by a tenant for an Assured Shorthold Tenancy must be registered with a recognised Deposit Protection Service within 14 days. Where appropriate, Truepenny's will register the deposit on your behalf.

How do I renew my contract after the first year?

You should inform us 60 days prior to the end of your tenancy to allow enough time to arrange all the related administration.

When is my deposit returned to me?

Once the check-out has been conducted, the property has been cleaned to a satisfactory standard and Truepenny's has received instructions regarding the deposit from the landlord, the money will be returned to your account, less any agreed deductions.

This typically takes 10 working days. Please contact the management team for further information.

Tenant fees

Holding Deposit: 1 weeks rent.

Security Deposit: 5 weeks rent for rent less than £50,000 per annum (rent less than £4166.66pcm;

6 weeks rent for rent £50,000 and over (rent over £4166.67pcm)

Reposit: Deposit Replacement Scheme: Equivalent to 1 weeks rent to be paid to Reposit.

Change To A Tenancy Already in Place (e.g.) This may include: change of sharer, add a tenant, a pet

to be kept, etc: £50 inclusive VAT

Early surrender fee (this does not include exercising the break clause): Ongoing rent until a new tenant is found, plus marketing costs and referencing for new tenants.

Late Rent Fee: 3% above the Bank of England’s base rate for each day that the payment has been outstanding for 14 days or more.

Lost/Damaged Keys: Reasonable costs for replacement keys/security device.

Unsociable Hours Agent Call Out: £15 inc. VAT

Client Money Protection

It is a legal requirement for letting or property management agents to join a client money protection scheme in the private rented sector in England and you hold clients’ money. Clients money must be held in an account with a bank or building society authorised by the Financial Conduct Authority.

These schemes make sure landlords and tenants are compensated if the agent cannot repay their money, for example if they go into administration.

Please click here to see the Client Money Protection certificate for Truepenny’s Property Consultants Ltd

Please click here to see the Client Money Protection certificate for Truepenny’s Of London Ltd

Please click here to see the Client Money Protection certificate for Callcut & Co Ltd

''Truepenny's Property Consultants'' is a trading name of:

Truepenny's Property Consultants Ltd. | Registered in England & Wales- Company reg. no. 6498038 - Registered office: 14 Upland Rd, East Dulwich, London SE22 9EE
Truepenny's of London Ltd. | Registered in England & Wales - Company reg. No. 10594437 - Registered office: 38 King William Walk, Greenwich, London, SE10 9HU
Callcut & Co. Ltd. | Registered in England & Wales - Company reg. No. 08321706 - Registered office: 16 Beaufort Court, Admirals Way, Docklands, London E14 9XL